<SEC-DOCUMENT>0001209191-15-038237.txt : 20150504
<SEC-HEADER>0001209191-15-038237.hdr.sgml : 20150504
<ACCEPTANCE-DATETIME>20150504100011
ACCESSION NUMBER:		0001209191-15-038237
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150501
FILED AS OF DATE:		20150504
DATE AS OF CHANGE:		20150504

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OLYMPIC STEEL INC
		CENTRAL INDEX KEY:			0000917470
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051]
		IRS NUMBER:				341245650
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5096 RICHMOND RD
		CITY:			BEDFORD HEIGHTS
		STATE:			OH
		ZIP:			44146
		BUSINESS PHONE:		2162923800

	MAIL ADDRESS:	
		STREET 1:		5096 RICHMOND RD
		CITY:			BEDFORD HEIGHTS
		STATE:			OH
		ZIP:			44146

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Rippey Michael G
		CENTRAL INDEX KEY:			0001640635

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23320
		FILM NUMBER:		15826685

	MAIL ADDRESS:	
		STREET 1:		C/O OLYMPIC STEEL, INC.
		STREET 2:		22901 MILLCREEK BLVD.
		CITY:			HIGHLAND HILLS
		STATE:			OH
		ZIP:			44122
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<TYPE>3
<SEQUENCE>1
<FILENAME>doc3.xml
<DESCRIPTION>FORM 3 SUBMISSION
<TEXT>
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<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2015-05-01</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000917470</issuerCik>
        <issuerName>OLYMPIC STEEL INC</issuerName>
        <issuerTradingSymbol>ZEUS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001640635</rptOwnerCik>
            <rptOwnerName>Rippey Michael G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O OLYMPIC STEEL, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>22901 MILLCREEK BLVD.</rptOwnerStreet2>
            <rptOwnerCity>HIGHLAND HILLS</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>44122</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <footnotes></footnotes>

    <remarks>Exhibit 24-Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Richard T. Marabito, as Attorney-in-Fact</signatureName>
        <signatureDate>2015-05-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<SEQUENCE>2
<FILENAME>attachment1.htm
<DESCRIPTION>EX-24 DOCUMENT
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<PRE>
                               POWER OF ATTORNEY
                               -----------------

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes
and appoints Richard A. Manson and Richard T. Marabito, and each of them, as the
true and lawful attorney or attorneys-in-fact, with full power of substitution
and revocation, for the undersigned and in the name, place and stead of the
undersigned, in any and all capacities, to execute, on behalf of the
undersigned, (1) any and all notices pursuant to Rule l44 under the Securities
Act of 1933 with respect to sales of shares of common stock, without par value,
or other securities, of Olympic Steel, Inc., including, without limitation, all
notices of proposed sale on Form 144, and (2) any and all statements or reports
under Section 16 of the Securities Exchange Act of 1934 with respect to the
beneficial ownership of common stock, without par value, or other securities, of
Olympic Steel, Inc., including, without limitation, all initial statements of
beneficial ownership on Form 3, all statements of changes in beneficial
ownership on Form 4, all annual statements of beneficial ownership on Form 5 and
all successor or similar forms, to be filed with the Securities and Exchange
Commission, to execute any and all amendments or supplements to any such
notices, statements or reports, and to file the same, with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange
Commission, granting to said attorney or attorneys-in-fact, and each of them,
full power and authority to do so and perform each and every act and thing
requisite and necessary to be done in and about the premises (including, without
limitation, completing, executing, delivering and filing a Form ID to apply for
electronic filing codes), as fully and to all intents and purposes as the
undersigned might or could do in person, and hereby ratifying and confirming all
that said attorney or attorneys-in-fact, or any of them, or their substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.  The
undersigned acknowledges that the foregoing attorneys-in-fact, and each of them,
in serving in such capacity at the request of the undersigned, are not assuming
any of the responsibilities of the undersigned to comply with Section 16 of the
Securities Exchange Act of 1934 or any other legal requirement.  This Power of
Attorney shall remain in effect until revoked in writing by the undersigned.


                                        /s/ Michael G. Rippey
                                    ------------------------------------------
                                    Name: Michael G. Rippey


Date:  April 27, 2015



</PRE>
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